LPL Financial is a financial organization of independent financial advisors in the United States. read more
LPL Financial Company Culture
LPL Financial Culture
This score is derived from employee ratings & reviews4.1/5
LPL Financial's Overall Culture is rated B
Top Rated Culture Dimensions
CEO Rating
A-Executive Team
A-Leadership
B+Manager
B+Meetings
B+LPL Financial CEO
Top 15%Top 15% of Similar Size Companies on Comparably
Dan Arnold
77 /100
See More
Diversity at LPL Financial
Top 25%Top 25% of Similar Size Companies on Comparably
B
Diverse employees at LPL Financial have rated Executive Team, Team, and Environment as the highest categories they have scored
Women at LPL Financial
Top 50%Top 50% of Similar Size Companies on Comparably
C+
Women at LPL Financial have rated Professional Development, Outlook, and Manager as the highest categories they have scored
LPL Financial eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 30%Top 30% of Similar Size Companies on Comparably
Recommend to a Friend?
17
LPL Financial employees are 17% more likely to recommend LPL Financial as a great place to work
| 50% | Promoters |
|---|---|
| 17% | Passives |
| 33% | Detractors |
Working at LPL Financial
Working at LPL Financial is rated highly by 131 employees, across various culture dimensions. LPL Financial employees are most satisfied about CEO Rating, Executive Team, and Leadership categories, putting LPL Financial’s culture in the Top 25% compared to similar sized companies on Comparably and in the Top 35% compared to other companies in Boston. See below in detail how working at LPL Financial was rated by employees.
Overall Company Culture at LPL Financial
B
Overall Company Culture at LPL Financial is rated B
Last updated months ago
Top
25%
LPL Financial ranks in the Top 25% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
LPL Financial Employee Reviews
Out of 50 LPL Financial employee reviews, 86% were positive. The remaining 14% were constructive reviews with the goal of helping LPL Financial improve their work culture.
| Positive Reviews | 86% |
|---|---|
| Constructive Feedback | 14% |
Positive Reviews From LPL Financial Employees
- What makes you most happy at work?My team and the work I am doing is what makes me happy.
- What are some of the best things about your team?I love that my team is full of individuals who leave their egos at the door. We've created a culture where we can be direct and open about our ideas. The team is very accepting of constructive criticism and feedback and always looks for ways to improve.
- What do you like best about the leadership team?The management team in my group consists of forward-thinking individuals who always look out for our team members. They value our suggestions to improve efficiency and eagerly support us in presenting these ideas to the larger organization.
Constructive Feedback From LPL Financial Employees
- What's going wrong and how can it be improved?Reps are always complaining. Nothing you do is appreciated but if something is wrong because of their fault, they tear your limbs off.
- What do your coworkers need to improve and how could you work together better?If management would listen to ideas and ways to streamline efficiency. Management only believes they are smart. Most are there because they slept with the right person.
- Why do you feel undervalued and what would make you feel better about your compensation?Nothing wrong with LPL in particular - just comes with being a contractor in my opinion.
LPL Financial Company Information
LPL Financial Company Overview
LPL Financial is a financial organization of independent financial advisors in the United States.
LPL Financial Mission, Vision & Values
LPL Financial Mission Statement
We believe that objective financial guidance is a fundamental need for everyone. We enable our clients to focus on what they do best—create the personal, long-term relationships that are the foundation for turning life’s aspirations into financial realities.
LPL Financial Values
- passion
- focus
- respect
- commitment
- excellence
- Commitment Creed
- Diversity and Inclusion
- growth
- success
| Headquarter | LPL Financial 75 State Street, 24th Floor Boston, MA 02109 United States of America |
|---|---|
| Website | lplfinancial.lpl.com/ |
| Founding Date | 2006 |
| Tel | 617-423-3644 |
| Company Status | Public |
| Stock | LPLA |
LPL Financial Competitors
LPL Financial competitors include Envestnet, Charles Schwab, and Southside Bank. LPL Financial ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how LPL Financial compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
LPL Financial Employees
131 employees at LPL Financial have reviewed LPL Financial across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 131 LPL Financial employees give their leadership a grade of B+, or Top 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at LPL Financial are generally satisfied with their total compensation at LPL Financial, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at LPL Financial are pleased with their team. 131 Participants grade the quality of their coworkers a B. The majority believe the meetings at LPL Financial are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at LPL Financial believe the environment at LPL Financial is positive. Most Participants believe the pace of work at LPL Financial is comfortably fast. About 75% of the employees at LPL Financial work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.
Overall, the employees at LPL Financial are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
LPL Financial employees generally work 8.7 hrs a day
Work Hours
A Day in the Life
Employees at LPL Financial report the work pace is comfortably fast
Work Pace
A Day in the Life
82% of LPL Financial employees look forward to interacting with their team every day
Coworkers
A Day in the Life
LPL Financial employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
78% of LPL Financial employees call their work environment positive
Environment
Joining LPL Financial - Employee Onboarding
The prevailing opinion from Comparably users in Boston about their company is that it was very prepared on their first day. Boston employees concluded that their overall onboarding experience was positive. 75% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
LPL Financial KPIs and OKRs
Employees’ understanding of LPL Financial's KPIs and OKRs is essential for its success. Out of 5 LPL Financial employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 4 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
LPL Financial CEO & Leadership
LPL Financial CEO - Dan Arnold
77 /100
Dan’s approval rate is in the Top 15% of all CEOs of similar-sized companies on Comparably, and in the Top 20% compared to the CEOs of all other companies in Boston. LPL Financial’s CEO is highly regarded especially by employees in the IT department, Asian or Pacific Islander employees, and employees with 3 to 6 Years experience. However, employees with 1 to 3 Years experience, African American/Black employees, and employees with the company for 2 to 5 Years have a less favorable view of the CEO and believe there is room for improvement. Compared to LPL Financial’s competitors, Dan Arnold ranks right above Charles Schwab CEO Rick Wurster. Under Arnold’s leadership, LPL Financial employee respondents are most happy about their Executive Team and the company’s Leadership. Office Culture and Gender are two areas, according to respondents, where LPL Financial could stand to see real improvement.
LPL Financial Leadership
The LPL Financial Executive Team is rated an “A-” and led by CEO Dan Arnold, Managing Director of Service, Trading and Operations Thomas Gooley, and Managing Director and Deputy Chief Risk Officer Tracy E. Calder
Dan Arnold CEO / President
Dan Arnold serves as the CEO / President of LPL Financial.
Thomas Gooley Managing Director of Service, Trading and Operations
Mr. Thomas Gooley, also known as Tom, has been Managing Director of Service, Trading and Operations at LPL Financial LLC... read more
Tracy E. Calder Managing Director and Deputy Chief Risk Officer
Ms. Tracy E. Calder has been Managing Director and Deputy Chief Risk Officer of LPL Financial Holdings Inc. since... read more
George Burton White Chief Investment Officer and Managing Director of Investor & Investment Solutions
Mr. George Burton White, also known as Burt, serves as Chief Investment Officer and Managing Director of Investor and... read more
Scott Seese MD & Chief Information Officer
Mr. Scott Seese has been Managing Director and Chief Information Officer of LPL Financial LLC since July 10, 2017. Mr.... read more
Michelle B. Oroschakoff MD & Chief Legal and Risk Officer
Ms. Michelle B. Oroschakoff has been MD and Chief Legal & Risk Officer at LPL Financial LLC since June 09, 2017. Ms.... read more
Sallie R. Larsen Chief Human Capital Officer and Managing Director
Ms. Sallie R. Larsen has been a Managing Director and Chief Human Capital Officer of LPL Financial Holdings Inc. since... read more
John Andrew Kalbaugh Managing Director and Divisional President of National Sales & Consulting
Mr. John Andrew Kalbaugh has been Divisional President of National Sales & Consulting at LPL Financial Holdings Inc.... read more
William P. Morrissey Jr. Managing Director and Divisional President of Business Development
Mr. William P. Morrissey, Jr., also known as Bill, serves as Managing Director and President of Business Development at... read more
LPL Financial Salaries
How much does LPL Financial pay?
How much do people at LPL Financial get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at LPL Financial is $104,130, or $50 per hour, while the estimated median salary is $94,285, or $45 per hour.
At LPL Financial, the highest paid job is a Sales Manager at $300,000 annually and the lowest is a Technical Support at $41,432 annually. Average LPL Financial salaries by department include: Finance at $76,852, Product at $143,025, Customer Support at $77,476, and HR at $155,802. Half of LPL Financial salaries are above $94,285.
44 employees at LPL Financial rank their Compensation in the Top 30% of similar sized companies in the US (based on 134 ratings) while 41 employees at LPL Financial rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 45 ratings).
Salaries contributed from LPL Financial employees include job titles like Technical Support, Project Manager, and Sales Manager. Comparably data has a total of 6 salary records from LPL Financial employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $58k | $58k | 1st Percentile |
17th Percentile $76k | $76k | 17th Percentile |
33rd Percentile $94k | $94k | 33rd Percentile |
50th Percentile $163k | $163k | 50th Percentile |
67th Percentile $217k | $217k | 67th Percentile |
83rd Percentile $286k | $286k | 83rd Percentile |
100th Percentile $300k | $300k | 100th Percentile |
$104,130*
Average Compensation
$94,285*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
LPL Financial Salaries by City
LPL Financial Salaries by Department
Diversity & Inclusion at LPL Financial
Diverse employees at LPL Financial score the company 75/100 across various culture categories, placing LPL Financial in the Top 25% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at LPL Financial across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
LPL Financial Perks & Benefits
Health & Wellness
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
LPL Financial PTO
LPL Financial's PTO and Vacation policy typically gives 10-15 days off a year. Paid Time Off is LPL Financial's 2nd most important benefit besides Healthcare when ranked by employees, with 33% of employees saying it is the most important benefit. LPL Financial's benefits and PTO Package averages to represent a less than $500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
LPL Financial Careers
LPL Financial Jobs
No Recent Jobs found for LPL Financial on Comparably
Mark that you are interested and we will alert you when there are new positions available listed on Comparably
H1B Visa
In 2019, LPL Financial applied for 37 H1B visas. Of the work permits applied for, 97% were approved.
Work Permit Application Outcome
37
Total Applied
H1B Applications Outcome
- 97% Granted (36 out of 37)
- 3% Denied (1 out of 37)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 37)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 37)
This data was calculated using publicly sourced data from OFLC Performance Data
Let LPL Financial Know You Want To Work There
Overview of Candidates Interested in LPL Financial on Comparably
Candidates By Department
All Industries | 54% | |
|---|---|---|
Engineering | 23% | |
IT | 23% |
Candidates By Location
Boston | 62% | |
|---|---|---|
San Diego | 15% | |
Dedham | 8% | |
Charlotte | 8% | |
Mansfield | 8% |
Frequently Asked Questions regarding LPL Financial
What is LPL Financial address?
LPL Financial location is at LPL Financial 75 State Street, 24th Floor
Who is the CEO of LPL Financial?
LPL Financial CEO is Dan Arnold, their score by employees is 77
What is LPL Financial eNPS?
The eNPS for LPL Financial is 17
What is LPL Financial revenue?
LPL Financial revenue is $4B
What is the salary for Director of Operations in LPL Financial?
Director of Operations average salary in the US is 173k
×